Lafayette, MS County has a median housing value of $270,500, which is significantly lower than the US House Median Value of $338,100. However, in the past year the value of houses in Lafayette, MS County have appreciated at a rate of 12.50%, which is higher than the national average of 8.27%. This suggests that now is a great time to invest in a house in Lafayette County as prices are likely to continue to rise.
The median home cost in Lafayette County is $270,500. Home appreciation the last 10 years has been 80.2%. Home Appreciation in Lafayette County is up 19.2%.
Average Age of Homes
- The median age of Lafayette County real estate is 22 years old
The Rental Market in Lafayette County
- Renters make up 29.0% of the Lafayette County population
- 13.4% of houses and apartments in Lafayette County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.